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Yuan Hits Highest Level Since May 2023 Despite Dollar Rebound

Yuan Hits Highest Level Since May 2023 Despite Dollar Rebound - The Chinese yuan strengthens past the 6.94 mark as the greenback recovers globally. A divergence in policy outlooks fuels the currency’s resilience

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Caixin Global

Lean Right

Yuan Hits Highest Level Since May 2023 Despite Dollar Rebound

15 hours ago

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Poder360

Chinese Currency Hits New Record High Against the Dollar.

The Chinese yuan extended its appreciation against the US dollar on Tuesday (February 3, 2026), surpassing the US$1 = 6.94 yuan mark and reaching its highest level since May 2023, even as the US currency recovered in global markets. The onshore yuan closed at 6.9362, up 151 basis points from the previous session, bringing its accumulated gain to almost 280 basis points since January 23. The currency's resilience in the face of the dollar's recov…

2 hours ago

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Cryptocurrency News | Cryptocurrency Prices | Market Cap

Yuan Strengthens After PBOC Sets CNY Fixing at Highest Since May 2023

0201 GMT — The yuan strengthens slightly against the dollar after the PBOC set Wednesday’s CNY fixing at 6.9533 versus USD, the highest since May 2023. A stronger or weaker fixing is typically perceived to be a signal from...

5 hours ago

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Barchart.com

Dollar Retreats and Precious Metals Rally

The dollar index (DXY00 ) on Tuesday fell by -0.21%. The dollar moved lower on Tuesday amid strength in the Chinese yuan, which rose to a 2.5-year high against the dollar. Losses in the dollar accelerated on Tuesday after higher T-note yields erased early gains and turned lower, weakening the...

18 hours ago

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